Federal Debt Research Paper

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Recommended: Suggestions to reduce federal spending

The Federal Budget Deficit is the amount of money that the government loses each year by spending more than they get back in taxes. The Federal Debt is the accumilation of the federal deficit over the years. Presidents Warren G. Harding and Calvin Coolidge are the onky presidents to ever reduce the federal debt. Today the federal debt is about $21.16 trillion dollars. The government has many things that they need to worry about, and fund for the benefit and safety of our country. When we discuss these topics we need to be bold, but with caution, because walking on egg shells does not to anyone any good; yet, sprinting headfirst does not do any good either. I feel that we can not afford to place more bandages on a deep,infected wound. We need

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